Seller's Agent in 2025
Jo Ann Lim
RE/MAX
(650) 637-1009
2 in this area
9 Total Sales
40 W 3rd Ave Unit 603 San Mateo, CA 94402
Baywood-Aragon Neighborhood
2
Beds
2
Baths
2,300
Sq Ft
$2,201/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Primary Bedroom Suite
- Baywood Elementary School Rated A
- Private Pool
- 1-minute walk to DeAnza Historical Park
About This Home
As of August 2025Sophisticated 2-bedroom 2 bath condo on the 6th floor with outstanding views. A very spacious living room with a wood burning fireplace and beautiful built-in bookcases. Elegant formal dining room with balcony access. This highly sought-after luxury condominium in The Towers offers approximately 2,300 square feet of space with only two units per floor. Bright and airy with high ceilings. New flooring throughout. Ensuite bedroom and second bedroom with views. Kitchen equipped with a new stainless Bosch dishwasher and Viking electric cooktop, breakfast nook, built-in desk and access to the balcony. Central air-conditioning and heating. Includes ample closets, a wet bar, in-unit laundry, trash chute, secure 2-car underground parking and a separate storage room. Amenities include a secure building with a 24-hour lobby attendant, pool, sauna, exercise room, game room, sport court, and meeting/recreation room with kitchen. Located across San Mateo Library, steps to vibrant downtown San Mateo, Central Park, movie theaters, shopping and restaurants. Access to public transportation, minutes to SFO, San Francisco, Silicon Valley, and major commute routes via highways 101 and 92. This exceptional residence offers both luxury and convenience in an outstanding location.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,060
Year Built
- Built in 1980
HOA Fees
- $2,201 Monthly HOA Fees
Parking
- Subterranean Parking
- Garage Door Opener
- Secured Garage or Parking
Property Views
- City Lights
- Hills
- Park or Greenbelt
Interior Spaces
- 2,300 Sq Ft Home
- 1-Story Property
- Wet Bar
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Formal Entry
- Living Room with Fireplace
- Formal Dining Room
- Washer and Dryer
Kitchen
- Breakfast Area or Nook
- Built-In Double Oven
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Marble
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 2 Full Bathrooms
- Marble Bathroom Countertops
- Dual Sinks
- Bathtub Includes Tile Surround
- Walk-in Shower
Pool
- Private Pool
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 107-120-070
Community Details
Overview
- Association fees include basic telephone, common area electricity, electricity, exterior painting, fencing, garbage, gas, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, roof, security service, water / sewer
- The Towers Association
- Built by The Towers
- Greenbelt
Amenities
- Doorman
- Sauna
- Trash Chute
- Elevator
- Community Storage Space
Recreation
- Sport Court
- Recreation Facilities
- Fitness Center
- Community Pool
Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2025
Closed on
Aug 18, 2025
Sold by
Sheryl Blumenthal Trust and Blumenthal Frank M
Bought by
Alan L Wertheimer Trust and Judith E Wertheimer Trust
Seller's Agent
Jo Ann Lim
Remax Capital
Buyer's Agent
LAURA BRYANT
KW Advisors
List Price
$2,268,000
Sold Price
$1,700,000
Premium/Discount to List
-$568,000
-25.04%
Views
52
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.01%
Purchase Details
Closed on
May 5, 2021
Sold by
Blumenthal Sheryl and Blumenthal Frank M
Bought by
Blumenthal Sheryl
Purchase Details
Closed on
Oct 3, 2006
Sold by
Blumenthal Herbert H
Bought by
Blumenthal Herbert H
Purchase Details
Closed on
Apr 17, 1998
Sold by
Blumenthal Herbert H and Blumenthal Gladys
Bought by
Blumenthal Herbert H and Blumenthal Gladys A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,700,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Sold | $1,700,000 | -4.9% | $739 / Sq Ft |
| 08/05/2025 08/05/25 | Pending | -- | -- | -- |
| 07/28/2025 07/28/25 | Price Changed | $1,788,000 | -10.5% | $777 / Sq Ft |
| 05/11/2025 05/11/25 | Price Changed | $1,998,000 | -8.7% | $869 / Sq Ft |
| 01/30/2025 01/30/25 | Price Changed | $2,188,000 | -3.5% | $951 / Sq Ft |
| 01/04/2025 01/04/25 | For Sale | $2,268,000 | -- | $986 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,060 | $1,138,358 | $227,659 | $910,699 |
| 2023 | $14,060 | $1,094,157 | $218,820 | $875,337 |
| 2022 | $13,209 | $1,072,704 | $214,530 | $858,174 |
| 2021 | $12,918 | $1,051,672 | $210,324 | $841,348 |
| 2020 | $12,386 | $1,040,890 | $208,168 | $832,722 |
| 2019 | $11,986 | $1,020,482 | $204,087 | $816,395 |
| 2018 | $11,768 | $1,000,474 | $200,086 | $800,388 |
| 2017 | $11,686 | $980,858 | $196,163 | $784,695 |
| 2016 | $11,316 | $961,626 | $192,317 | $769,309 |
| 2015 | $11,181 | $947,183 | $189,429 | $757,754 |
| 2014 | $10,549 | $928,630 | $185,719 | $742,911 |
Source: Public Records
Agents Affiliated with this Home
-
Jo Ann Lim
-
Emily Lim
Seller Co-Listing Agent in 2025
Emily Lim
RE/MAX
(650) 704-4100
3 in this area
30 Total Sales
-
LAURA BRYANT
Buyer's Agent in 2025
LAURA BRYANT
KW Advisors
(650) 888-0772
2 in this area
142 Total Sales
Map
Source: MLSListings
MLS Number: ML81988941
APN: 107-120-070
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